Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
rpietila
on 12/03/2014, 12:47:54 UTC
Billyjoelallen,

'Freeriders' are not a problem (not the small ones - technically anyone with no income is a free rider!). we have a massive surplus of work, everyone wants a job, but they are not needed, because the innovation we have seen in the 20th and 21st century has been immense.

But there is obviously a problem, this is that the income that a robot generates does not go to the poor guy it replaced, it goes all to his boss.

this is why today wealth disparity is greater than ever.

The wealth disparity a) has always been with us, because it is a prerequisite for a functioning society and/or economy, b) does not matter so much as we are in many ways living in an abundance. Hipster lifestyle costs only a few trinkets, coffee, and digital goods. We already have an overabundance of physical goods in many places.

The current power structures hinder us from moving to the next level, globally. Releasing ourselves from them, quickly solves many of the problems, and also the amount of human labor globally would be reduced by 75-90% and replaced by living.

I am not very good in writing about these things though..